Page 2 - Kesoram Industries

Kesoram's debt rejig plan pays off

After cutting debt, the company is focusing on Balasore unit and two- and three-wheeler tyres and radial tyres

Restructuring pays off for Kesoram Industries

This centred around tyre business which saw an over-capacity production resulting in consolidated loss for the company

Kesoram Industries lines up Rs 600-crore capex for 2016-17

Of the planned capex, Rs 350 crore will be spent on the tyre business, while the cement business will attract an investment of Rs 250 crore

Aditya Birla group to raise stake in Kesoram to 50%

Kesoram is planning to raise Rs 180 cr through a preferential issue

Kesoram Industries gains on plans to hive off rayon business

In past five trading sessions, the stock surged 29% as compared to 2% rise in the S&P BSE Sensex.

Kumar Birla to bring Kesoram back on track

The latest move is part of a restructuring plan by Kesoram to reduce its debt worth Rs 4,800 crore and improve cash flows

Kesoram Industries locked 10% upper circuit on heavy volumes

Kesoram today sold its investments in listed companies worth Rs 400 crore to Birla group holding company, Pilani Investments, report.

Kesoram sells investments worth Rs 400 cr to Pilani Investments

The move is part of an attempt to reduce its debt worth Rs 4,000 crore and improve cash flows